Hi everyone.
On 08/12/2022, our system had provided a few picks and the results are as below:
BLDR – (Buy) – Withdrawn
BLDR – (Buy) – Profit
VIPS – (Sell) – Withdrawn
US stocks closed in the green on Thursday after a five-day slide but off their session-highs. The Dow Jones closed 184 points higher at 33781; the S&P 500 added 0.8% to 3963 and the Nasdaq gained 1.1% to 11082.
Let’s review our stock picks on Thursday.
Call for buy for BLDR which resulted in a profit. Our system entered the market at $65.55 and made a call to profit at $66.00, which is our trailing stop loss. Another call for BLDR was withdrawn.
Builders FirstSource, Inc., together with its subsidiaries, manufactures and supplies building materials, manufactured components, and construction services to professional homebuilders, sub-contractors, remodelers, and consumers in the United States. It offers lumber and lumber sheet goods comprising dimensional lumber, plywood, and oriented strand board products that are used in on-site house framing; manufactured products, such as wood floor and roof trusses, steel roof trusses, wall panels, stairs, and engineered wood products; and windows, and interior and exterior door units, as well as interior and exterior trims and custom products under the Synboard brand name.
Call for sell for VIPS which was withdrawn. Our system withdrew because the price opened with a gap above our EP before the stock moved upwards throughout the market.
Vipshop Holdings Limited operates online platforms for various brands in the People’s Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers women’s apparel, such as casual wear, jeans, dresses, outerwear, lingerie, pajamas, and maternity clothes; men’s apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; and skin care and cosmetic products, including cleansers, lotions, face and body creams, face masks, sunscreen, foundations, lipsticks, eye shadows, and other cosmetics-related items.
Stay tuned for more of our stock picks.
Want the next pick before it's written up?
AIRESCAN's AI publishes live recommendations in the app.